United States:
C-Suite Compensation Center Blog: Possible Small Step Towards Proxy Advisory Firm Reform?
25 September 2018
Hunton Andrews Kurth LLP
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On September 13, 2018, the SEC withdrew two no-action letters
issued in 2004 to two proxy advisory firms. Some folks (like
me!) are hopeful that the withdrawal of these no-action letters is
a first step (albeit a small step) towards proxy advisory firm
reform. If you would like to learn more about this topic,
please see our Firm's client alert entitled "Proxy Advisory Firm Guidance Withdrawn by
the SEC," which our Firm published this
morning.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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